Northgate Capital

Last updated
Northgate Capital
Industry Venture capital
Founded2000;25 years ago (2000)
Founder Brent Jones
Tommy Vardell
Headquarters
Key people
Alfredo Alfaro (Managing director) [1]
AUM $4.9 billion (2019) [2]
Website northgate.com

Northgate Capital is a venture capital and private equity investment firm with approximately $4.9 billion of assets under management and offices in San Francisco, Danville, Mexico City and London. [2]

History

Northgate was founded in 2000 by Brent Jones and Tommy Vardell following their retirement from the National Football League. [2]

In 2010, Jones and Vardell sold a majority stake in Northgate to Religare Enterprises, an Indian financial services company, and continued to manage the firm as Partners. [3]

In 2016, Religare and Northgate's management team sold 100% ownership of Northgate to The Capital Partnership, a private investment firm, with offices in London and Dubai. Following the acquisition by TCP, both Jones and Vardell transitioned to the role of Founders and Senior Advisors to Northgate. [4]

In 2023, Northgate Capital partners with Covariant in its research into artificial intelligence platforms. [5]

References

  1. "Some of our Colleagues". Northgate. Retrieved 2019-06-07.
  2. 1 2 3 "Northgate promotes one to CFO, hires head of IR". PE Hub. 2019-03-22. Retrieved 2019-04-09.
  3. "Religare acquires majority stake in Northgate Capital". domain-b.com. Retrieved 2019-04-09.
  4. "Northgate says co-founding ex-NFLers Brent Jones, Tommy Vardell expected to stay after sale". www.bizjournals.com. Retrieved 2019-04-09.
  5. "Covariant announces $75 million in backing for its artificial intelligence platform | DC Velocity". www.dcvelocity.com. Retrieved 2023-09-20.